Coinbase Institutional provides integrated solutions that marry our custody, advanced trading platform, and prime services. Coinbase Prime, our unified investing experience, has the tools sophisticated investors need to execute large and complex trades, complemented by a diverse pool of liquidity. Once trading is complete, Coinbase Custody is one of the safest places to store digital assets. Coinbase, Inc. is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Coinbase, Inc. is not registered or licensed with the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission.